Pollard Banknote (TSE:PBL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Pollard Banknote Limited reported a strong start to 2024 with first-quarter revenue rising to $125.7 million and combined sales hitting a new Q1 record of $151.2 million, marking a 5.4% increase from the previous year. Income from operations more than doubled to $13.4 million, while a new high was reached in adjusted EBITDA at $23.7 million, reflecting robust demand in lottery and gaming, and the successful repricing of instant ticket contracts.
For further insights into TSE:PBL stock, check out TipRanks’ Stock Analysis page.